Bio-Path Holdings (BPTH) has released an update.
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Bio-Path Holdings, Inc. has announced a 1-for-20 reverse stock split, effective February 22, 2024, consolidating every twenty shares of its common stock into one. This strategic move, aimed at reducing the total shares from over 12 million to approximately 617,833, will not alter the par value or the rights of the common stock. Stock options and warrants will also be adjusted accordingly. Trading will continue on NASDAQ under the same symbol ‘BPTH’, with the new CUSIP number 09057N409 the following day.
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